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Samsung sold 10 million Galaxy S smartphones in 2010, the South Korean company Suwon announced on Monday. Although the handset has earned 20% of Samsung's profits in the third quarter, the Android device is still behind the Apple iPhone. Cupertino, California, sold 14.1 million iPhones in September.
"At the moment, Apple's presence in the smartphone market will remain solid," said Seoul-based badyst Young Park. Bloomberg. However, Samsung could continue its rise "according to the power of their brand and their relationship with telecommunications companies," says Park.
Samsung is expected to deliver 61 million smartphones in 2011, according to Goldman Sachs. The Nexus S, which offers features similar to those of the iPhone 4 as front and rear cameras, could help the South Korean company to move from its current fourth place to Research in Motion, Apple and Nokia, in terms of global sales of smartphones.
The Samsung Nexus S was introduced in December. The company will announce its third quarter results this week.
[Bloomberg]
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